Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, has acquired an abutting strip mall to its facility in Springfield, Mo., with plans to convert it to self-storage. The 1.28-acre property along E. Commercial Street borders U-Haul Moving & Storage at N. Glenstone, which opened in 1980. Once converted, the new building will operate as an expansion of the existing site.
The project will result in the addition of 240 indoor climate-controlled spaces to the property’s current 173 units. It’s expected to be complete by summer, according to a press release.
"The strip mall was becoming an eyesore,” said Bryan Dean, president of the U-Haul Co. of Missouri. "When we finish our renovations, it will be something that both U-Haul and the city of Springfield can be proud of. Most cities are starting to see the advantages of adaptive reuse. Our downtown district is converting older buildings into loft apartments, restaurants and office spaces. It is important for us to being doing our part. These buildings just need some TLC."
Established in 1945, U-Haul owns more than 44 million square feet of storage space. The company’s corporate sustainability initiatives, which support infill development to help local communities lower their carbon footprint, has led to dozens of conversion projects in recent years.